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How Returns Management Works: Process, Tips, & Best Practices

Unleashed

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. One paper from the University of Texas at Arlington suggests that lenience may yield better results than strictness.

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Three Lies and a Truth

Supply Chain Shaman

Here is the list: Supply chain technology implementations have reduced inventory. Here they are: The Lie of Inventory Reduction. Repeatedly, I heard that supply chain applications have saved costs, reduced inventory and improved customer service. ” I played three lies and a truth with the group. The reason? They did not.

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How To Manage A Lean Supply Chain

ShipBob

This question is at the heart of any lean supply chain strategy. Reduce inventory waste. In bloated supply chains, excess inventory (or worse, deadstock ) takes up valuable storage space that could be used for other products, and costs merchants more in rent or holding costs the longer it sits unsold.

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Highlights of Kinexions 2022 Customer Conference- Part Two

Supply Chain Matters

Morgan Swink , West Chair and Professor of Supply Chain Management, Texas Christian University. The moderator of the session was Anne Robinson, Chief Strategy Officer, Kinaxis. Nada Sanders, Distinguished Professor of Supply Chain Management, School of Business, Northeastern University. Pascal Van Hentenryck , A.

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The State of Holiday Shipping & Learnings for Next Peak Season

Intelligent Audit

According to the Journal of Commerce , the New York and New Jersey port backlog is increasing and leading to more instability in terms of product replenishment and inventory management in the weeks after Christmas. UPS parcels heading to Texas had a 10.3% FedEx packages to Illinois had a 15.3%

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Can Your Supply Chain Afford to “Wait and See” Before Becoming Digital?

Enterra Insights

” They add, “AI is expected to be able to progressively make a range of complex decisions, more autonomously (for example; better predict demand, set inventory levels, reroute transportation, redesign the supply and distribution network).” ” Step 3. Synchronize with digital business. … My plea? Footnotes. [1]

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

That was primarily due to retailers working on emptying warehouses of older inventory and shippers continuing to move more freight to East Coast ports because of concerns over the slow pace of labor talks between the Pacific Maritime Association and the International Longshore and Warehouse Union. Generating the full 185.6